From www.timesunion.com / By Larry Rulison / January 29, 2024
Transfinder makes software used by school districts to plan bus routes and track buses and students. It also has expanded into hardware sales and new software products used by police departments [called Patrolfinder].
SCHENECTADY — Transportation software company Transfinder announced that it had $35.4 million in revenue during 2023, a 23 percent increase over 2022.
Although Transfinder is a privately held company and is not required to reveal its financial condition to the public, it announces its revenues each year. The company has increased revenue each year for 26 straight years. It is unknown how profitable the company is after expenses since the company does not reveal those costs.
Transfinder makes software used by school districts to plan bus routes and track buses and students. It also has expanded into hardware sales and new software products used by police departments.
Transfinder CEO Antonio Civitella said the company has 2,300 school district customers in North America, up 164 districts in 2023.
